Short Interest in iShares MSCI Japan Value ETF (NASDAQ:EWJV) Declines By 32.1%

iShares MSCI Japan Value ETF (NASDAQ:EWJV) was the recipient of a large decrease in short interest during the month of December. As of December 31st, there was short interest totaling 27,308 shares, a decrease of 32.1% from the December 15th total of 40,229 shares. Based on an average daily volume of 108,864 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.2% of the shares of the company are short sold. Currently, 0.2% of the shares of the company are short sold. Based on an average daily volume of 108,864 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Trading of iShares MSCI Japan Value ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Bank of America Corp DE increased its position in iShares MSCI Japan Value ETF by 115.6% in the second quarter. Bank of America Corp DE now owns 802,802 shares of the company’s stock worth $27,897,000 after purchasing an additional 430,398 shares during the last quarter. Guardian Partners Inc. increased its holdings in shares of iShares MSCI Japan Value ETF by 933.4% in the 3rd quarter. Guardian Partners Inc. now owns 427,575 shares of the company’s stock worth $16,576,000 after buying an additional 386,199 shares during the last quarter. Flow Traders U.S. LLC raised its position in shares of iShares MSCI Japan Value ETF by 204.8% during the 2nd quarter. Flow Traders U.S. LLC now owns 323,709 shares of the company’s stock valued at $11,249,000 after buying an additional 217,502 shares in the last quarter. Jane Street Group LLC raised its position in shares of iShares MSCI Japan Value ETF by 121.5% during the 1st quarter. Jane Street Group LLC now owns 159,833 shares of the company’s stock valued at $5,318,000 after buying an additional 87,663 shares in the last quarter. Finally, Optiver Holding B.V. bought a new position in shares of iShares MSCI Japan Value ETF in the 3rd quarter valued at about $1,473,000.

iShares MSCI Japan Value ETF Trading Up 0.5%

EWJV stock traded up $0.22 during midday trading on Friday, reaching $42.44. 142,035 shares of the company’s stock traded hands, compared to its average volume of 184,085. iShares MSCI Japan Value ETF has a 52-week low of $28.84 and a 52-week high of $42.57. The stock has a market cap of $564.45 million, a P/E ratio of 10.93 and a beta of 0.49. The stock’s 50-day moving average is $40.26 and its 200 day moving average is $38.65.

iShares MSCI Japan Value ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were given a $1.7492 dividend. This represents a dividend yield of 882.0%. The ex-dividend date was Tuesday, December 16th.

About iShares MSCI Japan Value ETF

The iShares MSCI Japan Value ETF (EWJV) is an exchange-traded fund that is based on the MSCI Japan Value index. The fund tracks a multi-factor-selected, market cap-weighted portfolio of Japanese equities. EWJV was launched on Mar 5, 2019 and is managed by BlackRock.